Investment Objective
The fundamental investment
objective is to provide long-
term capital growth by
primarily purchasing U.S.
equity securities to track the
performance of The Standard &
Poor's 500 Total Return Index
("S&P 500 Index"). The S&P
500 Index is comprised of 500
widely-held U.S. issuers.
Benchmark Statement
S&P 500 Total Return Index
(US$).
Recommended For
The Fund may be suitable for
medium to long-term investors
who: want to track the returns
of a major U.S. equity index;
are contributing to the growth
component of a diversified
portfolio; are willing to
accept a moderate level of
risk.
Why Invest
One-step exposure to large,
well-established U.S. companies.
Low MER.
Currency diversification.
Portfolio Update
Quarterly Update
While U.S. equities had a strong 2012, they edged down slightly over the fourth quarter. Positive housing and employment data was somewhat overshadowed by weak third quarter earnings season results and by political wrangling over solutions to the fiscal cliff. The S&P 500 Index dipped 0.4 percent over the quarter, and five of its ten sectors finished in negative territory, led by telecommunication services, information technology and utilities. The U.S. Federal Reserve Board’s (the Fed) overall policy remained little changed as it held rates in the zero to 0.25 percent range in its December 12 policy announcement. The Canadian dollar declined against its U.S. counterpart, which lead to enhanced returns in Canadian dollar terms.
(December 2012)
General Description
| Fund Codes:
|
TDB952
|
| Minimum non-RSP Investment:
|
$ 100.00
|
| Minimum RSP Investment:
|
$ 100.00
|
| Minimum Subsequent Investment:
|
$ 100.00
|
| Early Redemption:
|
Up to 2.00% of purchase cost if redeemed within 30 days of purchase.
|
|
MER:
|
0.35% MER as of December 31, 2012
|
| Sector Class:
|
U.S. Equity
|
| Inception Date:
|
Nov. 26, 1999
|
| Assets:
|
$ 501.26 million as of Apr. 30, 2013.
|
| Minimum PPP Amount:
|
$25.00
|
|
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